RESOLUTION NO. R-2022-085
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PISMO BEACH,
CALIFORNIA APPROVING THE FINAL MAP AND SUBDIVISION IMPROVEMENT AGREEMENT FOR PARCEL MAP PB21-0032, 478 HINDS AVENUE
WHEREAS, Pismo Homes LLC, the Owner/Developer, has submitted a signed Subdivision Improvement Agreement with the City wherein the Owner/Developer will provide certain road, water, sewer, storm drain, public utility and other improvements; and WHEREAS, the Owner/Developer has submitted Final Parcel Map PB21-0032 for City Council approval; and
WHEREAS, the Owner/Developer is providing the City with performance security, labor and material security, maintenance, and monumentation security in the form of surety bonds approved by the City Attorney assuring completion of all subdivision improvements; and
WHEREAS, the Owner/Developer has been required to pay certain subdivision fees and the City Plan Check and Inspection Fee prior to City Council approval of the Final Map; and
WHEREAS, the following fees have been paid; and
SUBDIVISION FEES
COST
SUB TOTAL
Public Facilities Fee
3 units x $460
$1,380.00
Final Map Processing
$5,632
$5,632.00
Recording Fees
Final Map + Reproduction (2 of Pages)
Maintenance Agreement + Reproduction (6 of
Pages)
CC&Rs + Reproduction (8 Pages)
Declaration Establishing Architectural Controls +
Reproduction (3 of Pages)
$135
Plan Check and Inspection
$464,253.49 x .05
$23,212.67
Park Development
(Quimby Fees)
$8,683 per Single Family x 3 units
$26,049.00
TOTAL
$56,408.67
TOTAL FEES PAID (see below) $20,614.89
Less $5,632.00, received 10/12/2021
Less $14,982.89 received 11/05/2021
Less $35,793.78 received 9/13/2022
TOTAL FEES DUE PRIOR TO COUNCIL ACCEPTANCE $0
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R-2022-085
SECURITY AGREEMENT
Based on the approved bonding estimate of $464,253.49 for the public improvements, the following security in the form of surety bonds conforming to the requirements of the Municipal Code and approved by the City Attorney are required:
100% Faithful Performance Security PIP
50% Material and Labor Payment Security PIPs:
10% Maintenance Bond for 1 year after acceptance:
$464,253.49
$232,126.75
$46,425.35
WHEREAS, the Director of Public Works/City Engineer and the Community Development Director have reviewed the Final Map and the Improvement Plans and find them to be in substantial compliance with City Standards, the City of Pismo Beach Municipal Code, and Tentative Parcel Map PB21-0032.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Pismo Beach hereby approves the Final Map and the Improvement Plans for Parcel Map PB21-0032, directs the Mayor to execute the Subdivision Improvement Agreement, and authorizes and directs the City Manager to sign and the City Clerk to attest, seal and deliver said Parcel Map to the office of the San Luis Obispo County Clerk -Recorder.
UPON MOTION OF Mayor Pro Tem Reiss, seconded by Council Member Blake, the foregoing resolution was adopted by the City Council of the City of Pismo Beach this 4th day of October 2022, by the following vote:
AYES: 5 Reiss, Blake, Guthrie, Newton, Waage
NOES: 0
ABSENT: 0
ABSTAIN: 0
RECUSED: 0
Approved: Attest:
a ge, ay a In
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R-2022-085